CenterPoint Unit Closes On Storm Securitization

30 Nov 2009

CenterPoint Energy Restoration Bond has closed on the sale of $664.8 million in storm securitization bonds.

CenterPoint Energy Restoration Bond has closed on the sale of $664.8 million in storm securitization bonds. According to the company, a subsidiary of CenterPoint Energy, the bonds were design to recover costs its CenterPoint Energy Houston Electric unit incurred last year to restore power to the city following ...

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